Why keeping your private keys safe won’t always stop crypto theft
Almost 4,000 Bitcoin left Liquid's reserve on Sept. 6 through a withdrawal the network approved, even though the private keys used to authorize it hadn't been stolen. Software had accepted a withdrawal that should never have qualified. Liquid lets people move a Bitcoin-backed token on a separate blockchain designed for faster, more private transactions. Bitcoin […] The post Why keeping your private keys safe won’t always stop crypto theft appeared first on CryptoSlate.
Key Takeaways
- Almost 4,000 Bitcoin left Liquid's reserve on Sept.
- 6 through a withdrawal the network approved, even though the private keys used to authorize it hadn't been stolen.
- Software had accepted a withdrawal that should never have qualified.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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